Marjam Supply Company, Inc. And Affiliates Profit Sharing And 401(K) Plan — Form 5500 plan (Marjam Supply Company, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Marjam Supply Company, Inc. And Affiliates Profit Sharing And 401(K) Plan is a benefit plan reported by Marjam Supply Company, Inc. under EIN 11-2507216 and plan number 001. The latest loaded filing year is 2023. The filing reports 822 participants and $9,038,340 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9MPlan net assets, end of year$9,018,979
Participants822Covered participants reported
Assets / participant$11KComputed: assets ÷ participants$10,996 (computed)
Provider compensation$109.9K2 Schedule C provider row(s)$109,856
Plan sponsor
Marjam Supply Company, Inc.
EIN
11-2507216
Plan number
001
Plan type
2
Location
Farmingdale, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023822H, C20250317084856NAL0001280275001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$9M total assets
Net assets$9MLiabilities$19.4K
Money in vs. money out
Total income / additions$4.3M
Total expenses$28.1M
Benefits paid / distributions$28M
Contributions
Employer$1.6K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$9,038,340
Total liabilities (EOY)
$19,361
Net assets (EOY)
$9,018,979
Net assets (BOY)
$33,097,544

Income & contributions

Employer contributions
$1,552
Participant contributions
$1,055,365
Total contributions
$1,089,818
Total income / additions
$4,311,417

Expenses & distributions

Benefits paid
$27,955,101
Administrative expenses
$109,856
Total expenses
$28,120,253
Net increase / (decrease)
-$23,808,836

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORDKEEPER$61,962$02023
First Republic Investment MgmntINVESTMENT ADVISORY-PLAN$47,894not reported in the loaded dataset2023

Related Form 5500 pages